Basics of California Surplus Lines Regulation

Description

Designed specifically for California surplus line brokers and their teams, this state-required training course helps agents and organizations stay compliant by strengthening your understanding of the surplus lines marketplace.

Under Section 1765(f) of the California Insurance Code, surplus line business entities must provide two hours of training every five years to employees who solicit, negotiate, or place coverage with non-admitted insurers. This course satisfies that requirement with a convenient, industry-focused learning experience.

Built from the official curriculum developed by the Surplus Line Association of California (SLA), this course delivers the essential knowledge your team needs to confidently operate within California’s surplus lines market. Participants will learn about regulatory requirements, compliance expectations, and best practices for working with non-admitted insurers.

Whether you are onboarding new staff or meeting your recurring training obligations, this course provides a simple, reliable way to maintain compliance and demonstrate your commitment to professional excellence in the California surplus lines industry.

Access to your course expires 18 months after purchase.

Course Outline:

• Preface
• Overview of Nonadmitted Insurance
• Historical Perspective
• Development of Surplus Line Insurance in California
• The Role of a Surplus Line Broker
• Underwriting and Binding Authority
• Claims Activities
• Soliciting and Advertising
• Affiliation with Nonadmitted Insurers
• California Licensing Rules for Surplus Line Brokers
• Transactors, Endorsees, and Bond Requirements
• Special Lines’ Surplus Line Broker License
• Eligibility of Nonadmitted Insurers
• LASLI—List of Approved Surplus Line Insurers
• GAP Placement with Ineligible Insurers
• Bulleting 96-4
• Placement Requirements
• Diligent Search Requirements
• Fundamental Filing Procedures for Transactions and Taxes
• Producer Record Keeping Requirements
• Regulatory References
• Resources